Pennsylvania based bank PNC is the biggest U.S. financier of mountaintop removal coal mining.

Join us as we send a message to PNC to stop financing mountaintop removal!

Long on Talk, Short on Action
PNC calls itself “the greenest bank in the business.” While PNC has
racked up an impressive amount of recognition for its green building
designs, energy efficiency efforts, and minimizing of customer waste, it
has bucked a banking sector trend by continuing to finance
environmentally destructive mountaintop removal mining.

Destroying Appalachia’s Mountains
PNC has become the largest U.S. financier of coal mining companies,
providing $500 million in loans and bond underwriting to the coal
industry, with an estimated $80 million going directly to MTR mining
operations in Appalachia. PNC Bank underwrote over $38 million in
bonds and provided additional financial backing to Alpha Natural
Resources, CONSOL Energy, International Coal Group and Patriot Coal this
year – 2010

Six of the country’s largest banks have begun to phase out the
financing of mountaintop removal. Four have dropped Massey Energy as a
client. But PNC has done nothing and is now the largest funder of
mountaintop removal in the United States.

Instead of financing the dirtiest, most destructive coal that comes
from 500 destroyed mountains and poisoned numerous Appalachian
communities, PNC needs to focus on a clean energy future that
prioritizes energy efficiency and clean renewable sources.